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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: James Strauss who wrote (20000)5/24/1999 3:00:00 PM
From: DanZ  Read Replies (3) of 53068
 
DELL.

I have been watching DELL trade intraday since Sue mentioned it and it has shown support at 36. I'd buy if for a trade with a stop at 35 5/8 to 35 3/4. One might lose 1/4 to 1/2 point but if it holds, you would likely come away with 1 to 2 points. Seems like a reasonable trade. I agree with you on the money flow. The lower bollinger band has turned down as well and the stock is now below it. The daily chart doesn't look all that great but the stock does have the potential for a triple bottom.

Congatulations, Jim. You got post number 20,000 on this thread. lol

Dan
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